Chapter
The Future of Data Control and the Ethics of Profit
1:02:21 - 1:08:18 (05:56)
The importance of transparency and control over personal data are highlighted. The idea that profit can only be obtained through the model of Facebook and similar companies is challenged in some discussions.
Clips
The speaker highlights the importance of individuals having complete control over their data and being aware of how it is used.
1:02:21 - 1:05:03 (02:41)
Summary
The speaker highlights the importance of individuals having complete control over their data and being aware of how it is used. They caution against prioritizing programmers' benefits over individuals' control and mention the importance of algorithmic transparency.
ChapterThe Future of Data Control and the Ethics of Profit
Episode#218 – Jaron Lanier: Virtual Reality, Social Media & the Future of Humans and AI
PodcastLex Fridman Podcast
The technical aspects of creativity should be simplified so that everyone can understand it, and it should not only benefit those who have a technical mindset.
1:05:03 - 1:06:47 (01:43)
Summary
The technical aspects of creativity should be simplified so that everyone can understand it, and it should not only benefit those who have a technical mindset. Incentivizing the creative people of the future to make more money can help grow the economy, and control is an interface problem that needs to be compelling to both creatives and the public.
ChapterThe Future of Data Control and the Ethics of Profit
Episode#218 – Jaron Lanier: Virtual Reality, Social Media & the Future of Humans and AI
PodcastLex Fridman Podcast
The Invisible Hand Theory, as explained by Adam Smith, outlines the concept that a society's collective actions will ultimately guide markets and resources towards efficient use and allocation.
1:06:47 - 1:08:18 (01:31)
Summary
The Invisible Hand Theory, as explained by Adam Smith, outlines the concept that a society's collective actions will ultimately guide markets and resources towards efficient use and allocation. This theory is heavily debated among economists and is often used as a defense of laissez-faire capitalism.